SNC-Lavalin vs. Stantec
SNC-Lavalin could pose a good option for investors following the release of their second quarter earnings.
In a press release Thursday, SNC-Lavalin president and CEO Ian Edwards said revenue is “organically increasing” by six per cent year-over-year. “The organic growth we achieved in reflects our ability to capitalize on our sector’s strong market fundamentals that continue to be spurred by robust public infrastructure spending and increasing private investment,” Stantec CEO and president Gord Johnston said at that time.
The company offers a worthy short-term investment, Sytchev said. Given the company’s large exposure in the U.S. — which represents about 55 per cent of revenue — Stantec would generate a predictable return over the course of the next year.
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